• Adresse

    Spink UK

    69 Southampton Row

    Bloomsbury

    WC1B 4ET

    London

    United Kingdom


    Phone number: +44 (0)20 7563 4103

    Fax number: +44 (0)20 7563 4066

    E-Mail: auctionteam@spink.com
    Web: https://www.spink.com/
  • Über Spink London

    Spink is the world's leading auctioneer of stamps, coins, banknotes, medals, bonds & shares, autographs, books and wine. Since its foundation in 1666, the Spink name has become synonymous with tradition, experience and integrity. Holder of royal warrants and numerous records for prices achieved at auction, Spink offers an unparalleled range of services to collectors worldwide. Headquartered in London, with offices in New York, Hong Kong, Singapore and Switzerland, Spink holds over 70 auctions a year.


Postal Charges

Prices for all items including postage and packaging

Invoice Value UK EU Rest of the World
Up to £1,500 £12 £18 £25
Up to £10,000 £20 £40 £50
Above £10,001 £30 £60 £75








Shipments of more than 2kg or volumetric measurement of more than 2kg have to be sent by courier. Certain countries may incur extra charge when courier services are required by our insurance policy. For lots sent by courier please contact Auctionteam@spink.com for calculation of any further relevant cost in addition to the above charges.

Value Added Tax (VAT)

Charging of (VAT) at Auction

The information shown on this page sets out the way in which Spink intends to account for VAT.

i. Auctioneers’ Margin Scheme

1. Where possible, we will offer Lots for sale under the Auctioneers’ Margin Scheme. Such Lots can be identified by the absence of any VAT symbol next to the Lot number in the catalogue and will not be subject to VAT on the Hammer Price.
2. Where Lots are sold using the Auctioneers’ Margin Scheme to UK VAT–registered businesses, the VAT on Buyers’ Premium is not recoverable as input tax. Upon request on sale day, we will issue invoices that show VAT separately on both the Hammer Price and the Buyer’s Premium. This will enable VAT-registered businesses to recover the VAT charged as input tax, subject to the normal rules for recovering input tax.

ii. Zero-Rated Lots

Limited Categories of goods, such as books, are Zero-rated (o) for VAT in the United Kingdom. Such Lots are offered under the Auctioneers’ Margin Scheme. In these circumstances no VAT will be added to the Buyer’s premium.

iii. Daggered Lots

Lots which are Daggered (†) in the catalogue are subject to VAT at 20% on both the Hammer Price and the Buyer’s Premium.

iv. Imported and Omega Lots

Lots which are marked (x) in the catalogue are subject to VAT at 5% on the Hammer price plus 20% on the Buyer’s premium. Lots which bear the Omega symbol (Ω) are subject to VAT at 20% on the Hammer Price and on the Buyer’s Premium. This VAT is payable on items imported from outside the EU. In these cases we have used a temporary importation procedure, which in effect means that the point of importation is deferred until the Lot has been sold. At this point the Buyer is treated as the importer and is liable to pay the import VAT due. We will collect the VAT from you and pay it to HM Customs and Excise on your behalf.

v. Investment Gold Lots

Lots marked (g) in the catalogue are exempt from VAT on the Hammer Price and are subject to VAT at 20% on the Buyer’s Premium. A refund of VAT charged on the Buyer’s Premium can also be made on receipt of proof of business as a collectibles dealer outside of the EU.


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Geschäftsbedingungen

Spink London


TERMS AND CONDITIONS FOR BUYERS

TERMS AND CONDITIONS e-Auctions




TERMS AND CONDITIONS FOR BUYERS

These conditions set out the terms on which we (Spink and Son Limited of 69 Southampton Row, Bloomsbury London WC1B 4ET (company no. 04369748)) contractwith you (Buyer) either as agent on behalf of the Seller or as principal if we are the Seller. You should read these conditions carefully.


1 DEFINITIONS
The following definitions apply in these conditions:
Auctioneers’ Margin Scheme means a VAT margin scheme as defined by HM Revenue & Customs;
Buyer’s Premium means the charge payable by you as a percentage of the Hammer Price, at the rates set out in clause 5.1 below;
Certificate of Authenticity means a certificate issued by an Expert Committee confirming the authenticity of a Lot;
Expert Committee means a committee of experts to whom a Lot may be sent for an extension in accordance with clause 3.4.3;
Forgery means a Lot constituting an imitation originally conceived and executed as a whole with a fraudulent intention to deceive as toauthorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the descriptionin the catalogue and which at the date of the auction had a value materially less than it would have had if it had been in accordancewith the description in the catalogue. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/orrestoration work of any kind (including re-enamelling);
Hammer Price means the amount of the highest bid accepted by the auctioneer in relation to a Lot;
Lot means any item deposited with us for sale at auction and, in particular, the item or items described against any Lot number in anycatalogue;
Reserve the amount below which we agree with the Seller that the Lot cannot be sold;
Seller means the owner of the Lot being sold by us;
Spink Group Spink and Son Limited, our subsidiaries and associated companies.
VAT value added tax chargeable under VAT and any similar replacement or additional tax; and
VAT Symbols means the symbols detailing the VAT status of the Lot details of which are set out at the back of the catalogue.


2 SPINK’S ROLE AS AGENT
2.1 All sales undertaken by us either at auction or privately are undertakeneither as agent on behalf of the Seller or from time to time, as principalif we are the owner of the Lot. Please note that even if we are acting asagent on behalf of the Seller rather than as principal, we may have afinancial interest in the Lot.

2.2 The contract for the sale of the Lot will be between you and the Seller.


3 BEFORE THE SALE
3.1 Examination of goods
You are strongly advised to examine personally any goods in which youare interested, before the auction takes place. Condition reports areusually available on request. We provide no guarantee to you otherthan in relation to Forgeries, as set out in clause 5.13 of these Termsand Conditions.

3.2 Catalogue descriptions
3.2.1 Statements by us in the catalogue or condition report, or madeorally or in writing elsewhere, regarding the authorship, origin,date, age, size, medium, attribution, genuineness, provenance,condition or estimated selling price of any Lot are merelystatements of opinion, and are not to be relied on as statements ofdefinitive fact. Catalogue and web illustrations are for guidanceonly, and should not be relied on either to determine the tone orcolour of any item. No lot shall be rejected on the grounds ofinaccurate reproduction. No lot illustrated in the catalogue andonline shall be rejected on the grounds of cancellation, centring,margins, perforation or other characteristics apparent from theillustration. Estimates of the selling price should not be relied on asa statement that this price is either the price at which the Lot willsell or its value for any other purpose.

3.2.2 Many items are of an age or nature which precludes their beingin perfect condition and some descriptions in the catalogue or givenby way of condition report make reference to damage and/orrestoration. We provide this information for guidance only and theabsence of such a reference does not imply that an item is free fromdefects or restoration nor does a reference to particular defectsimply the absence of any others.

3.2.3 Other than as set out in clause 5.13, and in the absence of fraud,neither the Seller nor we, nor any of our employees or agents, areresponsible for the correctness of any statement as to theauthorship, origin, date, age, attribution, genuineness orprovenance of any Lot nor for any other errors of description or forany faults or defects in any Lot. Every person interested shouldexercise and rely on his own judgment as to such matters.

3.3 Your Responsibility
You are responsible for satisfying yourself as to the condition of thegoods and the matters referred to in the catalogue description.

3.4 Extensions – Stamps only
3.4.1 If you wish to obtain an expert opinion or Certificate ofAuthenticity on any Lot (other than a mixed Lot or Lot containingundescribed stamps) you must notify us in writing not less thanforty-eight hours before the time fixed for the commencement ofthe first session of the sale. If accepted by us, such request shall havethe same effect as notice of an intention to question thegenuineness or description of the Lot for the purposes of clause 5.13 (Refund in the case of Forgery) of these Terms andConditions and the provisions of clause 5.13 (Refund in the case ofForgery) shall apply accordingly.

3.4.2 Notice of a request for an expert opinion or Certificate ofAuthenticity must give the reason why such opinion is required andspecify the identity of your proposed expert which will be subjectto agreement by us. We reserve the right, at our discretion, torefuse a request for an expert opinion or Certificate of Authenticityincluding (without limitation) where the proposed expert is notknown to us.

3.4.3 If we accept a request for an expert opinion or Certificate ofAuthenticity we will submit the Lot to the Expert Committee. Youacknowledge and accept that the length of time taken by an ExpertCommittee to reach an opinion will vary depending on thecircumstances and in any event is beyond our control.

3.4.4 We will not accept a request for an extension on account ofcondition. Any Lot described in the catalogue as having faults ordefects may not be returned even if an expert opinion or Certificateof Authenticity cites other faults or defects not included in thecatalogue description, other than in the case of a Forgery.

3.4.5 Should Spink accept a request for an extension under theforegoing provisions of this paragraph, the fact may be stated by theAuctioneer from the rostrum prior to the sale of the Lot.

3.4.6 It should be noted that any stamp accompanied by a Certificateof Authenticity is sold on the basis of that Certificate only and noton the basis of any other description or warranty as to authenticity.No request for an extension will be accepted on such a stamp andthe return of such a stamp will not be accepted.

3.4.7 If you receive any correspondence from the Expert Committeein relation to the Lot, including but not limited to a Certificate ofAuthenticity, you must provide us with copies of suchcorrespondence no later than 7 days after you receive suchcorrespondence.

4 AT THE SALE
4.1 Refusal of admission
Our sales usually take place on our own premises or premises overwhich we have control for the sale, and we have the right, exercisableat our complete discretion, to refuse admission to the premises orattendance at an auction.

4.2 Registration before bidding
All bidders must be registered either by completing a registration formor creating an account online. Please be aware that we usually requirebuyers to present identification before making a bid at auction,undergo a credit check or provide a trade reference.If you have not bid successfully with Spink in the past, or you areregistering with us for the first time, we reserve the right to require adeposit of up to 50% of the amount you intend to spend. Such depositwill be deducted from your invoice should you be successful. If you areunsuccessful at auction, your deposit will be returned by the samemeans it was paid to Spink.Some lots may be designated, prior to the auction, as “Premium Lots”,which means a deposit may be required before placing a bid on theitem for sale. Information will be posted on our website in such anevent.

4.3 Bidding as Principal
When making a bid (whether such bids are made in person or by way of telephone bids operated by Spink, commission or online oremail bids), you will be deemed to be acting as principal and will beaccepting personal liability, unless it has been agreed in writing, at thetime of registration, that you are acting as agent on behalf of a thirdparty buyer acceptable to us.

4.4 Commission Bids
If you give us instructions to bid on your behalf, by using the formprovided in our catalogues or via our website, we shall use reasonableendeavours to do so, provided these instructions are received not laterthan 24 hours before the auction. If we receive commission bids on aparticular Lot for identical amounts, and at auction these bids are thehighest bids for the Lot, it will be sold to the person whose bid wasreceived first. Commission bids are undertaken subject to othercommitments at the time of the sale, and the conduct of the auctionmay be such that we are unable to bid as requested. Since this isundertaken as a free service to prospective buyers on the terms stated,we cannot accept liability for failure to make a commission bid. Youshould therefore always attend personally if you wish to be certain ofbidding.

4.5 On-line Bidding
We offer internet services as a convenience to our clients. We will notbe responsible for errors or failures to execute bids placed on theinternet, including, without limitation, errors or failures caused by (i) aloss of internet connection by either party for whatever reason; (ii) abreakdown or problems with the online bidding software and/or (iii)a breakdown or problems with your internet connection, computer orsystem. Execution of on-line internet bids on www.spink.com andSpink Live is a free service undertaken subject to other commitments atthe time of the auction and we do not accept liability for failing toexecute an online internet bid or for errors or omissions in connectionwith this activity.

4.6 Telephone Bids
If you make arrangements with us not less than 24 hours before thesale, we shall use reasonable endeavours to contact you to enable youto participate in bidding by telephone, but in no circumstances will webe liable to either the Seller or you as a result of failure to do so.

4.7 Currency Converter
At some auctions, a currency converter will be operated, based on theone month forward rates of exchange quoted to us by Barclays BankPlc or any other appropriate rate determined by us, at opening on thedate of the auction. Bidding will take place in a currency determined byus, which is usually sterling for auctions held in London. The currencyconverter is not always reliable, and errors may occur beyond ourcontrol either in the accuracy of the Lot number displayed on theconverter, or the foreign currency equivalent of sterling bids. We shallnot be liable to you for any loss suffered as a result of you following thecurrency converter.

4.8 Video images
At some auctions there will be a video screen. Mistakes may occur in itsoperation, and we cannot be liable to you regarding either thecorrespondence of the image to the Lot being sold or the quality of theimage as a reproduction of the original.

4.9 Bidding Increments
Bidding generally opens below the low estimate and advances in thefollowing order although the auctioneer may vary the biddingincrements during the course of the auction. The normal biddingincrements are:
Up to £100 by £5
£100 to £300 by £10
£300 to £600 by £320-£350-£380-£400 etc.
£600 to £1,000 by £50
£1,000 to £3,000 by £100
£3,000 to £6,000 by £3,200-£3,500-£3,800-£4,000 etc.
£6,000 to £10,000 by £500
£10,000 to £20,000 by £1,000
£20,000 and up Auctioneer’s discretion


4.10 Bidding by Spink
4.10.1 We reserve the right to bid on Lots on the Seller’s behalf up tothe amount of the Reserve (if any), which will never be above thelow estimate printed in the auction catalogue.

4.10.2 The Spink Group reserves the right to bid on and purchaseLots as principal.

4.10.3 Lots with this symbol () indicate that a party has providedSpink with an irrevocable bid on the lot that will be executedduring the sale at a value that ensures that the lot will sell. Theirrevocable bidder, who may bid in excess of the irrevocable bid,will be compensated based on his bid in the event he or she is notthe successful bidder or may receive a fixed fee in the event he orshe is the successful bidder. If the irrevocable bidder is thesuccessful bidder, the fixed fee for providing the irrevocable bidmay be netted against the irrevocable bidder’s obligation to pay thefull purchase price for the lot. If the irrevocable bid is not secureduntil after the printing of the auction catalogue, a pre-saleannouncement will be made indicating that there is an irrevocablebid on the lot.If you are interested in placing an irrevocable bid in an auction,please contact us at chairmanoffice@spink.com. Typically, onlysome of the lots with an estimate, which must exceed £100,000 orequivalent in other currencies are open to irrevocable bids.

4.11 The Auctioneer’s Discretion
The auctioneer has the right at his absolute discretion to refuse any bidto advance the bidding in such manner as he may decide to withdrawor divide any Lot, to combine any two or more Lots and, in the case oferror or dispute, to put an item up for bidding again.

4.12 Successful Bid
Subject to the auctioneer’s discretion, the striking of his hammer marksthe acceptance of the highest bid, provided always that such bid ishigher than the Reserve (where applicable), and the conclusion of acontract for sale between you and the Seller.

4.13 After Sale Arrangements
If you enter into any private sale agreements for any Lot with the Sellerwithin 60 days of the auction, we, as exclusive agents of the Sellerreserve the right to charge you the applicable Buyer’s Premium inaccordance with these Terms and Conditions, and the Seller acommission in accordance with the terms of the Seller’s agreement.

4.14 Return of Lot
4.14.1 Once your bid has been accepted for a Lot then you are liableto pay for that Lot in accordance with these Terms and Conditions.If there are any problems with a Lot then you must notify us within7 days of receipt of the Lot, specifying the nature of the problem.We may then request that the Lot is returned to us for inspection.Save as set out in clause 5.13, the cancellation of the sale of any Lotand the refund of the corresponding purchase price is entirely atour sole discretion. We will not normally exercise that discretion ifthe Lot is not received by us in the same condition that it was in atthe auction date.

4.14.2 No lot may be returned on account of condition if thecondition was stated by a third party grading company (including,but not limited to PCGS, NGC, ANACS, ICG, PMG, WBG,Legacy Currency Grading).


5 AFTER THE AUCTION
5.1 Buyer’s Premium and other charges
In addition to the Hammer Price, you must pay us the Buyer’sPremium at a rate of 20% of the final Hammer price of each lot, postagecharge and a fee for paying by card.

5.2 Value Added Tax
Other than in respect of Zero-rated Lots (o) VAT is chargeable on theHammer price and the Buyer’s premium of daggered (†) and (Ω) lotsat the standard rate (currently 20%), and on lots marked (x) at thereduced rate (currently 5% on the Hammer price and 20% on theBuyer’s premium). VAT on Margin scheme lots (identified by theabsence of any VAT symbol next to the lot number) is payable at 20%on the Buyer’s premium only.

5.3 VAT Refunds
General
5.3.1 As we remain liable to account for VAT on all Lots unless theyhave been exported outside the EU within 3 months of the date ofsale, you will generally be asked to deposit all amounts of VATinvoiced. However, if a Spink nominated shipper is instructed, thenany refundable VAT will not be collected. In all other cases creditswill be made when proof of export is provided. If you export theLot yourself you must obtain shipping documents from theShipping Department for which a charge of £50 will be made.

5.3.2 If you export the Lot you must return the valid proof of exportcertificate to us within 3 months of the date of sale. If you fail toreturn the proof of export certificate to us within such period andyou have not already accounted to us for the VAT, you will beliable to us for the full amount of the VAT due on such Lot and weshall be entitled to invoice you for this sum.

5.3.3 To apply for a refund of any VAT paid, the proof of exportcertificate must be sent to our Shipping Department clearly marked‘VAT Refund’ within 3 months of the date of sale. No payment willbe made where the total amount of VAT refundable is less than £50and Spink will charge £50 for each refund processed.

VAT Refunds - Buyers from within the EU
5.3.4 VAT refunds are available on the Hammer Price and Buyer’sPremium of Daggered (†) and Investment Gold (g) Lots. You mustcertify that you are registered for VAT in another EU country andthat the Lot is to be removed from the United Kingdom within 3months of the date of sale.

5.3.5 Where an EU buyer purchases a Lot on which import VAT hasbeen charged, no refund of VAT is available from us. It may bepossible to apply directly for a refund on form VAT 65 toHM Revenue & Customs Overeseas Repayment Section,Londonderry.

VAT Refunds – Buyers from outside the EU
5.3.6 Where a Lot is included within the Auctioneers’ Margin Schemeand evidence of export from the EU is produced within 3 monthsof the date of sale, the VAT on Buyer’s Premium may be refunded.

5.3.7 Where the Lot is marked as a Daggered (†) Lot the VATcharged on the Hammer Price may be refunded where evidence ofexport from the EU is produced within 3 months of the date ofsale. A refund of VAT charged on the Buyer’s Premium can also bemade on receipt of proof of business as a collectibles dealer.

5.3.8 Where the Lot is marked as an Omega (Ω) Lot or an ImportVAT (x) Lot and evidence of export from the EU is producedwithin 3 months of the date of sale, the VAT charged on both theHammer Price and Buyer’s Premium may be refunded. Whererequired, we can advise you on how to export such Lots as a specificform of export evidence is required. Where we advise you on theexport of the Lots, please be aware that the ultimate responsibilityin respect of obtaining a valid proof of export certificate will lie withyou and we will not be responsible for your failure to obtain suchcertificate.

5.3.9 Lot marked as Investment Gold (g) is exempt from VAT onHammer price. A refund of VAT charged on the Buyer’s Premiumcan be made on receipt of proof of business as a collectibles dealerand where evidence of export from the EU is produced within 3months of the date of sale.

5.4 Payment
5.4.1 You must provide us with your full name and permanent addressand, if so requested, details of the bank from which any paymentsto us will be made. You must pay the full amount due (comprisingthe Hammer Price, the Buyer’s Premium and any applicable VAT)within seven days after the date of the sale. This applies even if youwish to export the Lot and an export licence is (or may be)required.

5.4.2 You will not acquire title to the Lot until all amounts duehave been paid in full. This includes instances where specialarrangements were made for release of Lot prior to full settlement.

5.4.3 Payment should be made in sterling by one of the followingmethods:II
(i) Direct bank transfer to our account details of which are setout on the invoice. All bank charges shall be met by you.Please ensure that your client number is noted on thetransfer.
(ii) By cheque or bank draft made payable to Spink and Son Ltdand sent to Spink at 69 Southampton Row, Bloomsbury,London WC1B 4ET. Please note that the processing chargesfor payments made by cheques or bank drafts drawn on anon-U.K bank shall be met by you. Please ensure that theremittance slip printed at the bottom of the invoice isenclosed with your payment.
(iii) By Visa or Mastercard. All Corporate cards regardless oforigin and Consumer debit and credit cards issued outsidethe EU are subject to a fee of 2%. For all card payments thereare limits to the amounts we will accept depending on thetype of card being used and whether or not the cardholder ispresent.

5.4.4 Payments should be made by the registered buyer and not by third parties, unless it has been agreed at the time of registrationthat you are acting as an agent on behalf of a third party.

5.5 Invoices
Invoices may consist of one or more pages and will show: Zero ratedLots (o); no symbol Lots sold under the Auctioneers’ Margin Scheme;Lots marked (g) special scheme Investment Gold; Daggered Lots (†),imported Lots marked (x) and (Ω), (e) Lots with Zero rated hammerfor EU VAT registered buyers.

5.6 Collection of Purchases
5.6.1 Unless specifically agreed to the contrary, we shall retain lotspurchased until all amounts due to us, or to the Spink Group, havebeen paid in full. Buyers will be required to pay for their lots whenthey wish to take possession of the same, which must be within 7days of the date of the sale, unless prior arrangements have beenmade with Spink. Without prior agreement, lots will not be releaseduntil cleared funds are received with regard to payments made bycheque.

5.6.2 Unless we notify you to the contrary, items retained by us willbe covered in accordance with our policy which is available forinspection at our offices from the date of sale for a period of sevendays or until the time of collection, whichever is sooner. After sevendays or from the time of collection, whichever is the earlier, the Lotwill be entirely at your risk.

5.6.3 Our policy will not cover and we are unable to acceptresponsibility for damage caused by woodworm, changes inatmospheric conditions or acts of terrorism.

5.7 Notification
We are not able to notify successful bidders by telephone. WhileInvoices are sent out by email or mail after the auction we do notaccept responsibility for notifying you of the result of your bid. You arerequested to contact us by telephone or in person as soon as possibleafter the auction to obtain details of the outcome of your bids to avoidincurring charges for late payment.

5.8 Packing and handling
5.8.1 We shall use all reasonable endeavours to take care whenhandling and packing a purchased Lot but remind you that afterseven days or from the time of collection, whichever is sooner, theLot is entirely at your risk. Our postage charges are set out at theback of the catalogue.

5.8.2 It is the responsibility of the Buyer to be aware of any ImportDuties that may be incurred upon importation to the finaldestination. Spink will not accept return of any package in order toavoid these duties. The onus is also on the Buyer to be aware of anyCustoms import restrictions that prohibit the importation ofcertain collectibles. Spink will not accept return of the Lot(s) underthese circumstances. Spink will not accept responsibility for Lot(s)seized or destroyed by Customs.

5.8.3 If the Buyer requires delivery of the Lot to an address other thanthe invoice address this will be carried out at the discretion of Spink.

5.9 Recommended packers and shippers
If required our shipping department may arrange shipment as youragent. Although we may suggest carriers if specifically requested, oursuggestions are made on the basis of our general experience of suchparties in the past and we are not responsible to any person to whomwe have made a recommendation for the acts or omissions of the thirdparties concerned.

5.10 Remedies for non-payment or failure to collect purchases
5.10.1 If you fail to make payment within seven days of your stipulatedpayment date set out in your invoice, we shall be entitled to exerciseone or more of the following rights or remedies:
5.10.1.1 to charge interest at the rate of 2% per month compoundinterest, calculated on a daily basis, from the date the fullamount is due;
5.10.1.2 to set off against any amounts which the Spink Group mayowe you in any other transaction the outstanding amountremaining unpaid by you;
5.10.1.3 we may keep hold of all or some of your Lots or otherproperty in the possession of the Spink Group until you havepaid all the amounts you owe us or the Spink Group, even if theunpaid amounts do not relate to those Lots or other property.Following fourteen days’ notice to you of the amountoutstanding and remaining unpaid, the Spink Group shall havethe right to arrange the sale of such Lots or other property. Weshall apply the proceeds in discharge of the amount outstandingto us or the Spink Group, and pay any balance to you;
5.10.1.4 where several amounts are owed by you to the SpinkGroup in respect of different transactions, to apply any amountpaid to discharge any amount owed in respect of any particulartransaction, whether or not you so direct;
5.10.1.5 to reject at any future auction any bids made by you or onyour behalf or obtain a deposit from you before accepting anybids.

5.10.2 If you fail to make payment within thirty-five days, we shall inaddition be entitled:
5.10.2.1 to cancel the sale of the Lot or any other item sold to youat the same or any other auction;
5.10.2.2 to arrange a resale of the Lot, publicly or privately, and, ifthis results in a lower price being obtained, claim the balancefrom you together with all reasonable costs including a 20%seller’s commission, expenses, damages, legal fees, commissionsand premiums of whatever kind associated with both sales orotherwise, incurred in connection with your failure to makepayment;
5.10.2.3 when reselling the Lot, place a notice in our cataloguestating that you successfully purchased the Lot at auction buthave subsequently failed to pay the Hammer Price of the Lot; or
5.10.2.4 take any other appropriate action as we deem fit.

5.10.3 If you fail to collect within fourteen days after the sale, whetheror not payment has been made, you will be required
5.10.3.1 to pay a storage charge of £2 per item per day plus anyadditional handling cost that may apply.
5.10.3.2 you will not be entitled to collect the Lot until alloutstanding charges are met, together with payment of all otheramounts due to us.

5.11 Use of Default Information
If you fail to make payment for a Lot in accordance with these Terms andConditions:

5.11.1 we reserve the right to refuse you the right to make bids for anyfuture auction irrespective of whether previous defaults havebeen settled; and

5.11.2 you acknowledge that we may (as necessary for our legitimateinterests those of other auctioneers and live bidding platforms inreferencing customers and avoiding customer defaults) disclosedetails of such default to other auctioneers and live biddingplatforms, which will include your name, address, nature of thedefault and the date of the default.Auctioneers or live bidding platforms who receive details of the defaultmay rely on such information when deciding whether to enter into atransaction with you in the future.

5.12 Export Licence
5.12.1 If required we can, at our discretion, advise you on the detailedprovisions of the export licensing regulations. Where we advise youin relation to export licensing regulations the ultimate responsibilityin respect of any export will lie with you and we will not beresponsible for your failure to apply for any necessary licences.

5.12.2 If the Lot is going to be hand carried by you, you may berequired to produce a valid export licence to us or sign a waiverdocument stating that a licence will be applied for.

5.12.3 You should always check whether an export licence is requiredbefore exporting. Export licences are usually obtained within twoor three weeks but delays can occur.

5.12.4 Unless otherwise agreed by us in writing, the fact that you wishto apply for an export licence does not affect your obligation tomake payment within seven days nor our right to charge interest onlate payment.

5.12.5 If you request that we apply for an export licence on yourbehalf, we shall be entitled to recover from you our disbursementsand out of pocket expenses in relation to such application, togetherwith any relevant VAT.

5.12.6 We will not be obliged to rescind a sale nor to refund anyinterest or other expenses incurred by you where payment is madeby you despite the fact that an export licence is required.

5.13 Refund in the case of Forgery

5.13.1 A sale will be cancelled, and the amount paid refunded to youif a Lot (other than a miscellaneous item not described in thecatalogue) sold by us proves to have been a Forgery. We shall nothowever be obliged to refund any amounts if either (a) thecatalogue description or saleroom notice at the auction datecorresponded to the generally accepted opinion of scholars orexperts at that time, or fairly indicated that there was a conflict ofopinions, or (b) it can be demonstrated that the Lot is a Forgeryonly by means of either a scientific process not generally acceptedfor use until after publication of the catalogue or a process which atthe date of the auction was unreasonably expensive or impracticableor likely to have caused damage to the Lot. Furthermore, youshould note that this refund can be obtained only if the followingconditions are met:

5.13.1.1 you must notify us in writing, within seven days of thereceipt of the Lot(s), that in your view the Lot concerned is aForgery;
5.13.1.2 you must then return the item to us within fourteen daysfrom receipt of the Lot(s), in the same condition as at theauction date; and
5.13.1.3 as soon as possible following return of the Lot, you mustproduce evidence satisfactory to us that the Lot is a Forgery andthat you are able to transfer good title to us, free from any thirdparty claims.
5.13.1.4 you must provide to us all evidence obtained by you thata Lot is a Forgery no later than 7 days after you receive suchevidence.

5.13.2 In no circumstances shall we be required to pay you any morethan the amount paid by you for the Lot concerned and you shallhave no claim for interest.

5.13.3 The benefit of this guarantee is not capable of beingtransferred, and is solely for the benefit of the person to whom theoriginal invoice was made out by us in respect of the Lot when soldand who, since the sale, has remained the owner of the Lot withoutdisposing of any interest in it to any third party.

5.13.4 We shall be entitled to rely on any scientific or other process toestablish that the Lot is not a Forgery, whether or not such processwas used or in use at the date of the auction.

6 LIABILITY
Nothing in these Terms and Conditions limits or excludes our liability for:

6.1 death or personal injury resulting from negligence; or

6.2 any damage or liability incurred by you as a result of our fraud orfraudulent misrepresentation.

7 USE OF YOUR PERSONAL INFORMATION
7.1 We will use the personal information you provide to us as set out in ourprivacy notice (available at https://spink.com/privacy-policy) and inparticular to:
7.1.1 process the bids you make on Lots (whether successful orotherwise) and other auction related services we provide;
7.1.2 process your payment relating to a successful purchase of a Lot;
7.1.3 arrange for delivery of any Lot you purchase, which will includepassing your details to shipping providers and, on overseasdeliveries, to customs where they make enquiries regarding the Lot;
7.1.4 inform you about similar products or services that we provide,but you may stop receiving these at any time by contacting us.

7.2 In accordance with clause 4.2, we may pass your information to creditreference agencies in order to obtain credit checks from them, and theymay keep a record of any search that they do.

7.3 In accordance with clause 5.11, where you default on making paymentfor a Lot in accordance with these terms and conditions we may disclosedetails of such default to other auctioneers and live bidding platforms.

7.4 We are also working closely with third parties (including, for example,other auctioneers and live bidding platforms) and may receiveinformation about you from them.

7.5 Where you provide us with personal information about other individuals,you must ensure that your provision of that information is compliantwith applicable data protection law.

8 COPYRIGHT
8.1 We shall have the right (on a non-exclusive basis) to photograph, videoor otherwise produce an image of the Lot. All rights in such an imagewill belong to us, and we shall have the right to use it in whatever waywe see fit.

8.2 The copyright in all images, illustrations and written material relatingto a Lot is and shall remain at all times our property and we shall havethe right to use it in whatever way we see fit. You shall not use or allowanyone else to use such images, illustrations or written material withoutour prior written consent.

9 VAT
You shall give us all relevant information about your VAT status and that ofthe Lot to ensure that the correct information is printed in the catalogues.Once printed, the information cannot be changed. If we incur any unforeseencost or expense as a result of the information being incorrect, you willreimburse to us on demand the full amount incurred.

10 NOTICES
All notices given under these Terms and Conditions may be served personally,sent by 1st class post, or faxed to the address given to the sender by the otherparty. Any notice sent by post will be deemed to have been received on thesecond working day after posting or, if the addressee is overseas, on the fifthworking day after posting. Any notice sent by fax or served personally will bedeemed to be delivered on the first working day following despatch.

11 ADDITIONAL PROVISIONS
The following provisions of this clause 10 shall apply only if you are acting forthe purposes of your business.
11.1 Limitation of Liability
Subject to clause 6, we shall not be liable, whether in tort (includingfor negligence) or breach of statutory duty, contract, misrepresentationor otherwise for any:
11.1.1 loss of profits, loss of business, depletion of goodwill and/orsimilar losses, loss of anticipated savings, loss of goods, loss ofcontract, loss of use, loss of corruption of data or information; or
11.1.2 any special, indirect, consequential or pure economic loss,costs, damages, charges or expenses.

11.2 Severability
If any part of these Terms and Condition is found by any court to beinvalid, illegal or unenforceable, that part may be discounted and therest of the conditions shall continue to be valid and enforceable to thefullest extent permitted by law.

11.3 Force majeure
We shall have no liability to you if we are prevented from, or delayedin performing, our obligations under these Terms and Conditions orfrom carrying on our business by acts, events, omissions or accidentsbeyond our reasonable control, including (without limitation) strikes,lock-outs or other industrial disputes (whether involving our workforceor the workforce of any other party), failure of a utility service ortransport network, act of God, war, riot, civil commotion, maliciousdamage, compliance with any law or governmental order, rule,regulation or direction, accident, breakdown of plant or machinery,fire, flood, storm or default of suppliers or subcontractors.

11.4 Waiver
11.4.1 A waiver of any right under these Terms and Conditions is onlyeffective if it is in writing and it applies only to the circumstancesfor which it is given. No failure or delay by a party in exercising anyright or remedy under these Terms and Conditions or by law shallconstitute a waiver of that (or any other) right or remedy, norpreclude or restrict its further exercise. No single or partial exerciseof such right or remedy shall preclude or restrict the further exerciseof that (or any other) right or remedy.

11.4.2 Unless specifically provided otherwise, rights arising underthese Terms and Conditions are cumulative and do not excluderights provided by law.

11.5 Law and Jurisdiction
11.5.1 These Terms and Conditions and any dispute or claim arisingout of or in connection with them or their subject matter, shall begoverned by, and construed in accordance with, the law of Englandand Wales.

11.5.2 The parties irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute orclaim that arises out of, or in connection with, Terms andConditions or their subject matter.


Postal Charges
Prices for all items including postage and packaging
 

Invoice Value UK EU Rest of the World
Up to £1,500 £12 £18 £25
Up to £10,000 £20 £40 £50
Above £10,001 £30 £60 £75






Shipments of more than 2kg or volumetric measurement of more than 2kg have tobe sent by courier. Certain countries may incur extra charge when courier services are required by our insurance policy. For lots sent by courier please contact Auctionteam@spink.com for calculation of any further relevant cost in addition tothe above charges.


Value Added Tax (VAT)
Charging of (VAT) at Auction

The information shown on this page sets out the way in which Spink intends toaccount for VAT.
i. Auctioneers’ Margin Scheme
1. Where possible, we will offer Lots for sale under the Auctioneers’Margin Scheme. Such Lots can be identified by the absence of anyVAT symbol next to the Lot number in the catalogue and will not besubject to VAT on the Hammer Price.
2. Where Lots are sold using the Auctioneers’ Margin Scheme to UKVAT–registered businesses, the VAT on Buyers’ Premium is notrecoverable as input tax. Upon request on sale day, we will issueinvoices that show VAT separately on both the Hammer Price andthe Buyer’s Premium. This will enable VAT-registered businesses torecover the VAT charged as input tax, subject to the normal rules forrecovering input tax.

ii. Zero-Rated Lots
Limited Categories of goods, such as books, are Zero-rated (o) for VAT inthe United Kingdom. Such Lots are offered under the Auctioneers’ MarginScheme. In these circumstances no VAT will be added to the Buyer’spremium.

iii. Daggered Lots
Lots which are Daggered (†) in the catalogue are subject to VAT at 20%on both the Hammer Price and the Buyer’s Premium.

iv. Imported and Omega Lots
Lots which are marked (x) in the catalogue are subject to VAT at 5% on the Hammer price plus 20% on the Buyer’s premium. Lots which bear theOmega symbol (Ω) are subject to VAT at 20% on the Hammer Price andon the Buyer’s Premium. This VAT is payable on items imported fromoutside the EU. In these cases we have used a temporary importationprocedure, which in effect means that the point of importation is deferreduntil the Lot has been sold. At this point the Buyer is treated as theimporter and is liable to pay the import VAT due. We will collect the VATfrom you and pay it to HM Customs and Excise on your behalf.

v. Investment Gold Lots
Lots marked (g) in the catalogue are exempt from VAT on the HammerPrice and are subject to VAT at 20% on the Buyer’s Premium. A refund ofVAT charged on the Buyer’s Premium can also be made on receipt of proofof business as a collectibles dealer outside of the EU.
 



TERMS AND CONDITIONS e-Auctions


These conditions set out the terms on which we (Spink and Son Limited of 69 Southampton Row, Bloomsbury London WC1B 4ET (company no. 04369748))
contract with you (Buyer) either as agent on behalf of the Seller or as principal if we are the Seller. You should read these conditions carefully.

1 DEFINITIONS
The following definitions apply in these conditions:
Timed Auction is an online only auction which opens and closes on separate specified dates. After the first lot closes the subsequent lots will close in 30
seconds intervals;
Auctioneers’ Margin Scheme means a VAT margin scheme as defined by HM Revenue & Customs;
Buyer’s Premium means the charge payable by you as a percentage of the Hammer Price, at the rates set out in clause 5.1 below;
Forgery means a Lot constituting an imitation originally conceived and executed as a whole with a fraudulent intention to deceive as to authorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the description and which at the date of the timed auction had a value materially less than it would have had if it had been in accordance with the description. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/or restoration work of any kind (including re-enamelling);
Hammer Price means the highest bid at the closing time in relation to a Lot;
Lot means any item deposited with us for sale at auction and, in particular, the item or items described against any Lot number in timed auction;
Reserve the amount below which we agree with the Seller that the Lot cannot be sold;
Seller means the owner of the Lot being sold by us;
Spink Group Spink and Son Limited, our subsidiaries and associated companies.
VAT value added tax chargeable under VAT and any similar replacement or additional tax; and
VAT Symbols means the symbols detailing the VAT status of the Lot details of which are set out at the back of these terms.

2 SPINK’S ROLE AS AGENT
2.1 All sales undertaken by us either at auction or privately are undertaken either as agent on behalf of the Seller or from time to time, as principal if we are the owner of the Lot. Please note that even if we are acting as agent on behalf of the Seller rather than as principal, we may have a financial interest in the Lot.
2.2 The Spink Group reserves the right to bid on and purchase Lots as principal.
2.3 The contract for the sale of the Lot will be between you and the Seller.

3 BEFORE THE SALE
3.1 Examination of goods
You are strongly advised to examine the images provided online and if in any doubt ask for condition report that is available on request. We provide no guarantee to you other than in relation to Forgeries, as set out in clause 5.13 of these Terms and Conditions.

3.2 Descriptions
3.2.1 Statements by us online or in condition report, or made orally or in writing elsewhere, regarding the authorship, origin, date, age, size, medium, attribution, genuineness, provenance, condition or estimated selling price of any Lot are merely statements of opinion, and are not to be relied on as statements of definitive fact. Descriptions and web illustrations are for guidance only, and should not be relied on either to determine the tone or colour of any item. No lot shall be rejected on the grounds of inaccurate reproduction. No lot shall be rejected on the grounds of cancellation, centring, margins, perforation or other characteristics apparent from the illustration. Estimates of the selling price should not be relied on as a statement that this price is either the price at which the Lot will sell or its value for any other purpose.

3.2.2 Many items are of an age or nature which precludes their being in perfect condition and some descriptions or given by way of condition report make reference to damage and/or restoration. We provide this information for guidance only and the  absence of such a reference does not imply that an item is free from defects or restoration nor does a reference to particular defects imply the absence of any others.

3.2.3 Other than as set out in clause 5.13, and in the absence of fraud, neither the Seller nor we, nor any of our employees or agents, are responsible for the correctness of any statement as to the authorship, origin, date, age, attribution, genuineness  or provenance of any Lot nor for any other errors of description or for any faults or defects in any Lot. Every person interested should exercise and rely on his own judgment as to such matters.

3.3 Your Responsibility
You are responsible for satisfying yourself as to the condition of the goods and the matters referred to in the description.

3.4 Extensions – Stamps only
We will not accept any request for an extension on lots sold in timed auctions.

4 AT THE SALE
4.1 Refusal of participation
We have the right, exercisable at our complete discretion, to refuse participation in the timed auction.

4.2 Registration before bidding
All bidders must be registered by creating an account online. Please be aware that we usually require buyers to present identification before making a bid at auction, undergo a credit check or provide a trade reference. If you have not bid successfully with Spink in the past, or you are registering with us for the first time, we reserve the right to require a deposit of up to 50% of the amount you intend to spend. Such deposit will be deducted from your invoice should you be successful. If you are unsuccessful at auction, your deposit will be returned by the same means it was paid to Spink.

4.3 Bidding as Principal
When making a bid, you will be deemed to be acting as principal and will be accepting personal liability.

4.4 Placing bids
Lots offered by timed auction are available for sale online only. At any time before the closing time you can place a bid equal to a minimum bid or a higher bid. You could also place your maximum bid and we will bid on  our behalf increasing the price in increments to keep you in the lead up to your maximum bid. Placed bids cannot be cancelled or decreased.

4.5 Successful Bid
The highest bid at the closing time will be the successful bid and the price will be the hammer price and this will be a conclusion of a contract for sale between you and the Seller. All lots sold in the timed auction are subject to charges per section 5 and all clauses of these terms and conditions.

4.6 Return of Lot
4.6.1 Once your bid has been accepted for a Lot then you are liable to pay for that Lot in accordance with these Terms and Conditions. If there are any problems with a Lot then you must notify us within 7 days of receipt of the Lot, specifying the nature of  the problem. We may then request that the Lot is returned to us for inspection. Save as set out in clause 5.13, the cancellation of the sale of any Lot and the refund of the corresponding purchase price is entirely at our sole discretion. We will not normally exercise that discretion if the Lot is not received by us in the same condition that it was in at the auction date.
4.6.2 No lot may be returned on account of condition if the condition was stated by a third party grading company (including, but not limited to PCGS, NGC, ANACS, ICG, PMG, WBG, Legacy Currency Grading).

5 AFTER THE AUCTION
5.1 Buyer’s Premium and other charges
In addition to the Hammer Price, you must pay us the Buyer’s Premium at a rate of 20% of the final Hammer price of each lot, postage charge and a fee for paying by credit card.

5.2 Value Added Tax
Other than in respect of Zero-rated Lots (o) VAT is chargeable on the Hammer price and the Buyer’s Premium of daggered (†) and (J) lots at the standard rate (currently 20%), and on lots marked (x) at the reduced rate (currently 5% on the Hammer price and 20% on the Buyer’s Premium). VAT on Margin scheme lots (identified by the absence of any VAT symbol next to the lot number) is payable at 20% on the Buyer’s Premium only.

5.3 VAT Refunds
General

5.3.1 As we remain liable to account for VAT on all Lots unless they have been exported outside the EU within 3 months of the date of sale, you will generally be asked to deposit all amounts of VAT invoiced. However, if a Spink nominated shipper is instructed, then any refundable VAT will not be collected. In all other cases credits will be made when proof of export is provided. If you export the Lot yourself you must obtain shipping documents from the Shipping Department for which a charge of £50 will be made.

5.3.2 If you export the Lot you must return the valid proof of export certificate to us within 3 months of the date of sale. If you fail to return the proof of export certificate to us within such period and you have not already accounted to us for the VAT, you will be liable to us for the full amount of the VAT due on such Lot and we shall be entitled to invoice you for this sum.

5.3.3 To apply for a refund of any VAT paid, the proof of export certificate must be sent to our Shipping Department clearly marked ‘VAT Refund’ within 3 months of the date of sale. No payment will be made where the total amount of VAT refundable is less than £50 and Spink will charge £50 for each refund processed.

VAT Refunds - Buyers from within the EU
5.3.4 VAT refunds are available on the Hammer Price and Buyer’sPremium of Daggered (†) and Investment Gold (g) Lots. You must certify that you are registered for VAT in another EU country and that the Lot is to be removed from the United Kingdom within 3 months of the date of sale.

5.3.5 Where an EU buyer purchases a Lot on which import VAT has been charged, no refund of VAT is available from us. It may be possible to apply directly for a refund on form VAT 65 to HM Revenue & Customs Overseas Repayment Section, Londonderry.

VAT Refunds – Buyers from outside the EU
5.3.6 Where a Lot is included within the Auctioneers’ Margin Scheme and evidence of export from the EU is produced within 3 months of the date of sale, the VAT on Buyer’s Premium may be refunded.

5.3.7 Where the Lot is marked as a Daggered (†) or Investment Gold (g) Lot the VAT charged on the Hammer Price may be refunded where evidence of export from the EU is produced within 3 months of the date of sale. A refund of VAT charged on the Buyer’s Premium can also be made on receipt of proof of business as a collectibles dealer.

5.3.8 Where the Lot is marked as an Omega (J) Lot or an Import VAT (x) Lot and evidence of export from the EU is produced within 3 months of the date of sale, the VAT charged on both the Hammer Price and Buyer’s Premium may be refunded. Where required, we can advise you on how to export such Lots as a specific form of export evidence is required. Where we advise you on the export of the Lots, please be aware that the ultimate responsibility in respect of obtaining a valid proof of export certificate will lie with you and we will not be responsible for your failure to obtain such certificate.

5.4 Payment
5.4.1 You must provide us with your full name and permanent addressand, if so requested, details of the bank from which any payments to us will be made. You must pay the full amount due (comprising the Hammer Price, the Buyer’s Premium, any applicable VAT and postage) within sevendays after the date of the sale. This applies even if you wish to export the Lot and an export licence is (or may be) required.

5.4.2 You will not acquire title to the Lot until all amounts due have been paid in full.

5.4.3 Payment should be made in sterling by one of the following methods:

II(i) Direct bank transfer to our account details of which are set out on the invoice. All bank charges shall be met by you. Please ensure that your client number is noted on the transfer.
I(ii) By cheque or bank draft made payable to Spink and Son Ltd and sent to Spink at 69 Southampton Row, Bloomsbury, London WC1B 4ET. Please note that the processing charges for payments made by cheques or bank drafts drawn on a non-U.K bank shall be met by you. Please ensure that the remittance slip printed at the bottom of the invoice is enclosed with your payment.
(iii) By Visa or Mastercard. All Corporate cards regardless of origin and Consumer debit and credit cards issued outside the EU are subject to a fee of 2%. For all card payments there are limits to the amounts we will accept depending on the type of card being used and whether or not the cardholder is present.

5.4.4 Payments should be made by the registered buyer and not by third parties, unless it has been agreed at the time of registration that you are acting as an agent on behalf of a third party.

5.5 Invoices
Invoices may consist of one or more pages and will show: Zero rated Lots (o); no symbol Lots sold under the Auctioneers’ Margin Scheme; Lots marked (g) special scheme Investment Gold; Daggered Lots (†), imported Lots marked (x) and (Ω), (e) Lots with Zero rated hammer for EU VAT registered buyers.

5.6 Collection of Purchases
5.6.1 Unless specifically agreed to the contrary, we shall retain lotspurchased until all amounts due to us, or to the Spink Group, have been paid in full. Buyers will be required to pay for their lots when they wish to take possession of the same, which must be within five working days of the date of the sale. Lots will not be released until cleared funds are received with regard to payments made by cheque.

5.6.2 Unless we notify you to the contrary, items retained by us willbe covered in accordance with our policy which is available for inspection at our offices from the date of sale for a period of seven days or until the time of collection, whichever is sooner. After seven days or from the time of collection, whichever is the earlier, the Lot will be entirely at your risk.

5.6.3 Our policy will not cover and we are unable to accept responsibility for damage caused by woodworm, changes in atmospheric conditions or acts of terrorism.

5.7 Notification
We are not able to notify successful bidders by telephone. While Invoices are sent out by email after the auction we do not accept responsibility for notifying you of the result of your bid. You are requested to contact us by telephone or in person as soon as possible after the auction to obtain details of the outcome of your bids to avoid incurring charges for late payment.

5.8 Packing and handling
5.8.1 We shall use all reasonable endeavours to take care when handling and packing a purchased Lot but remind you that after seven days or from the time of collection, whichever is sooner, the Lot is entirely at your risk. Our postage charges are set out at the End of these terms.

5.8.2 It is the responsibility of the Buyer to be aware of any Import Duties that may be incurred upon importation to the final destination. Spink will not accept return of any package in order to avoid these duties. The onus is also on the Buyer to be aware of any Customs import restrictions that prohibit the importation of certain collectibles. Spink will not accept return of the Lot(s) under these circumstances. Spink will not accept responsibility for Lot(s) seized or destroyed by Customs.

5.8.3 If the Buyer requires delivery of the Lot to an address other than the invoice address this will be carried out at the discretion of Spink.

5.9 Recommended packers and shippers
If required our shipping department may arrange shipment as your agent. Although we may suggest carriers if specifically requested, oursuggestions are made on the basis of our general experience of suchparties in the past and we are not responsible to any person to whom we have made a recommendation for the acts or omissions of the thirdparties concerned.

5.10 Remedies for non-payment or failure to collect purchases
5.10.1 If you fail to make payment within five working days of your stipulated payment date set out in your invoice, we shall be entitled to exercise one or more of the following rights or remedies:

5.10.1.1 to charge interest at the rate of 2% per month compoundinterest, calculated on a daily basis, from the date the full amount is due;

5.10.1.2 to set off against any amounts which the Spink Group may owe you in any other transaction the outstanding amount remaining unpaid by you;

5.10.1.3 we may keep hold of all or some of your Lots or other property in the possession of the Spink Group until you have paid all the amounts you owe us or the Spink Group, even if the unpaid amounts do not relate to those Lots or other property. Following fourteen days’ notice to you of the amount outstanding and remaining unpaid, the Spink Group shall have the right to arrange the sale of such Lots or other property. We shall apply the proceeds in discharge of the amount outstanding to us or the Spink Group, and pay any balance to you;

5.10.1.4 where several amounts are owed by you to the Spink Group in respect of different transactions, to apply any amount paid to discharge any amount owed in respect of any particular transaction, whether or not you so direct;

5.10.1.5 to reject at any future auction any bids made by you or on your behalf or obtain a deposit from you before accepting any bids.

5.10.2 If you fail to make payment within thirty-five days, we shall inaddition be entitled:

5.10.2.1 to cancel the sale of the Lot or any other item sold to you at the same or any other auction;

5.10.2.2 to arrange a resale of the Lot, publicly or privately, and, if this results in a lower price being obtained, claim the balance from you together with all reasonable costs including a 20% seller’s commission, expenses, damages, legal fees, commissions and premiums of whatever kind associated with both sales or otherwise, incurred in connection with your failure to make payment;

5.10.2.3 when reselling the Lot, place a notice in the description stating that you successfully purchased the Lot at auction but have subsequently failed to pay the Hammer Price of the Lot; or

5.10.2.4 take any other appropriate action as we deem fit.

5.10.3 Where purchases are not collected within five working days after the sale, whether or not payment has been made, you will be required to pay a storage charge of £2 per item per day plus any additional handling cost that may apply. You will not be entitled to collect the Lot until alloutstanding charges are met, together with payment of all other amounts due to us.

5.11 Use of Default Information
If you fail to make payment for a Lot in accordance with these Terms and Conditions
5.11.1 we reserve the right to refuse you the right to make bids for any future auction irrespective of whether previous defaults have been settled; and
5.11.2 you acknowledge that we may (as necessary for our legitimate interests those of other auctioneers and live bidding platforms in referencing customers and avoiding customer defaults) disclose details of such default to other auctioneers and live bidding platforms, which will include your name, address, nature of the default and the date of the default. Auctioneers or live bidding platforms who receive details of the default may rely on such information when deciding whether to enter into a transaction with you in the future.

5.12 Export Licence
5.12.1 If required we can, at our discretion, advise you on the detailedprovisions of the export licensing regulations. Where we advise you in relation to export licensing regulations the ultimate responsibility in respect of any export will lie with you and we will not be responsible for your failure to apply for any necessary licences.

5.12.2 If the Lot is going to be hand carried by you, you may be required to produce a valid export licence to us or sign a waiver document stating that a licence will be applied for.

5.12.3 You should always check whether an export licence is requiredbefore exporting. Export licences are usually obtained within four weeks but delays can occur.

5.12.4 Unless otherwise agreed by us in writing, the fact that you wish to apply for an export licence does not affect your obligation to make payment within five working days nor our right to charge interest on late payment.

5.12.5 If you request that we apply for an export licence on your behalf, we shall be entitled to recover from you our disbursements and out of pocket expenses in relation to such application, together with any relevant VAT.

5.12.6 We will not be obliged to rescind a sale nor to refund any interest or other expenses incurred by you where payment is made by you despite the fact that an export licence is required.

5.13 Refund in the case of Forgery
5.13.1 A sale will be cancelled, and the amount paid refunded to you if a Lot (other than a miscellaneous item not described in the description of this lot) sold by us proves to have been a Forgery. We shall not however be obliged to refund any amounts if either (a) the description or saleroom notice at the auction date corresponded to the generally accepted opinion of scholars or experts at that time, or fairly indicated that there was a conflict of opinions, or (b) it can be demonstrated that the Lot is a Forgeryonly by means of either a scientific process not generally acceptedfor use until after the sale or a process which at the date of the auction was unreasonably expensive or impracticable or likely to have caused damage to the Lot. Furthermore, you should note that this refund can be obtained only if the following conditions are met:

5.13.1.1 you must notify us in writing, within seven days of the receipt of the Lot(s), that in your view the Lot concerned is a Forgery;

5.13.1.2 you must then return the item to us within fourteen days from receipt of the Lot(s), in the same condition as at the auction date; and

5.13.1.3 as soon as possible following return of the Lot, you must produce evidence satisfactory to us that the Lot is a Forgery and that you are able to transfer good title to us, free from any third party claims.

5.13.1.4 you must provide to us all evidence obtained by you that a Lot is a Forgery no later than 7 days after you receive such evidence.

5.13.2 In no circumstances shall we be required to pay you any more than the amount paid by you for the Lot concerned and you shall have no claim for interest.

5.13.3 The benefit of this guarantee is not capable of being transferred, and is solely for the benefit of the person to whom the original invoice was made out by us in respect of the Lot when sold and who, since the sale, has remained the owner of the Lot without disposing of any interest in it to any third party.

5.13.4 We shall be entitled to rely on any scientific or other process toestablish that the Lot is not a Forgery, whether or not such process was used or in use at the date of the auction.

6 LIABILITY
Nothing in these Terms and Conditions limits or excludes our liability for:
6.1 death or personal injury resulting from negligence; or

6.2 any damage or liability incurred by you as a result of our fraud orfraudulent misrepresentation.

7 USE OF YOUR PERSONAL INFORMATION
7.1 We will use the personal information you provide to us as set out in our privacy notice (available at https://spink.com/privacy-policy) and in particular to:
7.1.1 process the bids you make on Lots (whether successful or otherwise) and other auction related services we provide;
7.1.2 process your payment relating to a successful purchase of a Lot;
7.1.3 arrange for delivery of any Lot you purchase, which will include passing your details to shipping providers and, on overseas deliveries, to customs where they make enquiries regarding the Lot;
7.1.4 inform you about similar products or services that we provide, but you may stop receiving these at any time by contacting us.

7.2 In accordance with clause 4.2, we may pass your information to credit reference agencies in order to obtain credit checks from them, and they may keep a record of any search that they do.

7.3 In accordance with clause 5.11, where you default on making payment for a Lot in accordance with these terms and conditions we may disclose details of such default to other auctioneers and live bidding platforms.

7.4 We are also working closely with third parties (including, for example, other auctioneers and live bidding platforms) and may receive information about you from them.

7.5 Where you provide us with personal information about other individuals, you must ensure that your provision of that information is compliant with applicable data protection law.

8 COPYRIGHT
8.1 We shall have the right (on a non-exclusive basis) to photograph, videoor otherwise produce an image of the Lot. All rights in such an image will belong to us, and we shall have the right to use it in whatever way we see fit.

8.2 The copyright in all images, illustrations and written material relatingto a Lot is and shall remain at all times our property and we shall have the right to use it in whatever way we see fit. You shall not use or allow anyone else to use such images, illustrations or written material without our prior written consent.

9 VAT
You shall give us all relevant information about your VAT status and that of the Lot to ensure that the correct information is displayed in the Lot description. Once published, the information cannot be changed. If we incur any unforeseen cost or expense as a result of the information being incorrect, you will reimburse to us on demand the full amount incurred.

10 NOTICES
All notices given under these Terms and Conditions may be served personally, sent by 1st class post, or faxed to the address given to the sender by the other party. Any notice sent by post will be deemed to have been received on the second working day after posting or, if the addressee is overseas, on the fifth working day after posting. Any notice sent by fax or served personally will be deemed to be delivered on the first working day following despatch.

11 ADDITIONAL PROVISIONS
The following provisions of this clause 11 shall apply only if you are acting for the purposes of your business.

11.1 Limitation of Liability
Subject to clause 6, we shall not be liable, whether in tort (including for negligence) or breach of statutory duty, contract, misrepresentation or otherwise for any:
11.1.1 loss of profits, loss of business, depletion of goodwill and/or similar losses, loss of anticipated savings, loss of goods, loss of contract, loss of use, loss of corruption of data or information; or
11.1.2 any special, indirect, consequential or pure economic loss, costs, damages, charges or expenses.

11.2 Severability
If any part of these Terms and Condition is found by any court to beinvalid, illegal or unenforceable, that part may be discounted and the rest of the conditions shall continue to be valid and enforceable to the fullest extent permitted by law.

11.3 Force majeure
We shall have no liability to you if we are prevented from, or delayed in performing, our obligations under these Terms and Conditions or from carrying on our business by acts, events, omissions or accidents beyond our reasonable control, including (without limitation) strikes, lock-outs or other industrial disputes (whether involving our workforce or the workforce of any other party), failure of a utility service or transport network, act of God, war, riot, civil commotion, malicious damage, compliance with any law or governmental order, rule, regulation or direction, accident, breakdown of plant or machinery, fire, flood, storm or default of suppliers or subcontractors.

11.4 Waiver
11.4.1 A waiver of any right under these Terms and Conditions is onlyeffective if it is in writing and it applies only to the circumstances for which it is given. No failure or delay by a party in exercising any right or remedy under these Terms and Conditions or by law shall constitute a waiver of that (or any other) right or remedy, nor preclude or restrict its further exercise. No single or partial exercise of such right or remedy shall preclude or restrict the further exercise of that (or any other) right or remedy.

11.4.2 Unless specifically provided otherwise, rights arising under these Terms and Conditions are cumulative and do not exclude rights provided by law.

11.5 Law and Jurisdiction
11.5.1 These Terms and Conditions and any dispute or claim arising out of or in connection with them or their subject matter, shall be governed by, and construed in accordance with, the law of England and Wales.

11.5.2 The parties irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim that arises out of, or in connection with, Terms and Conditions or their subject matter.



Postal Charges

Prices for all other items including postage and packaging

Invoice Value UK EU Rest of the World
Up to £1,500 £12 £18 £25
Up to £10,000 £20  £40 £50
Above £10,001 £30 £60 £75








Shipments of more than 2kg or volumetric measurement of more than 2kg have to be sent by courier. Certain countries may incur extra charge when courier services are required by our insurance policy. For lots sent by courier please contact Auctionteam@spink.com for calculation of any further relevant cost in addition to the above charges.



Value Added Tax (VAT)
Charging of (VAT) at Auction

The information shown on this page sets out the way in which Spink intends to account for VAT.

i. Auctioneers’ Margin Scheme
1. Where possible, we will offer Lots for sale under the Auctioneers’Margin Scheme. Such Lots can be identified by the absence of any VAT symbol next to the Lot number and will not be subject to VAT on the Hammer Price.

2. Where Lots are sold using the Auctioneers’ Margin Scheme to VAT–registered businesses, the VAT on Buyers’ Premium is not recoverable as input tax. Upon request on sale day, we will issue invoices that show VAT separately on both the Hammer Price and the Buyer’s Premium. This will enable VAT-registered businesses to recover the VAT charged as input tax, subject to the normal rules for recovering input tax.

ii. Zero-Rated Lots
Limited Categories of goods, such as books, are Zero-rated (o) for VAT inthe United Kingdom. Such Lots are offered under the Auctioneers’ MarginScheme. In these circumstances no VAT will be added to the Buyer’sPremium.

iii. Daggered Lots
Lots which are Daggered (†) are subject to VAT at 20% on both the Hammer Price and the Buyer’s Premium.

iv. Imported and Omega Lots
Lots which are marked (x) are subject to VAT at 5% on the Hammer price plus 20% on the Buyer’s premium. Lots which bear the Omega symbol (Ω) are subject to VAT at 20% on the Hammer Price and on the Buyer’s Premium. Such Lots bear VAT because the Lot is liable for VAT at this rate on importation into the EU. In these cases we have used a temporary importation procedure, which in effect means that the point of importation is deferred until the Lot has been sold. At this point the Buyer is treated as the importer and is liable to pay the import VAT due. We will collect the VAT from you and pay it to HM Customs and Excise on your behalf.

v. Investment Gold Lots
Lots marked (g) are exempt from VAT on the Hammer Price and are subject to VAT at 20% on the Buyer’s Premium. A refund of VAT charged on the Buyer’s Premium can also be made on receipt of proof of business as a collectibles dealer outside of the EU.

Datenschutzbestimmungen

Spink London


Spink 18045 - Indien/Sansibar - Die John Griffith-Jones Sammlung
24. Oktober 2018

Die "On India" provisorischen Briefmarken von Sansibar, die John Griffith-Jones Sammlung.

Kurzbedingungen

Der Käufer muß auf den Zuschlag ein Aufgeld von 20% bezahlen.
Auf Lose markiert mit einem (o) wird keine MwSt. erhoben.
Auf Lose markiert mit einem (?),(†) or (Ω) wird die reguläre MwSt. (derzeit 20%) auf den Zuschlag und das Aufgeld erhoben.
Auf Lose markiert mit einem (x) wird die reduzierte MwSt. (derzeit 5%) auf den Zuschlag und die reguläre MwSt. (derzeit 20%) auf das Aufgeld erhoben.
Lose ohne spezielle Markierung hinter der Losnummer unterliegen der Differenzbesteuerung - hierfür wird die reguläre MwSt. (derzeit 20%) auf das Aufgeld erhoben.

Geschäftsbedingungen für diese Auktion

Mittwoch 24.10.2018

Los von Los bis Anfangszeit BST
1 293 10:00 BST
Aktuelle Auktionen
20. Mai 2019
Spink 19027 - Stamps and Covers of France and French Colonies e-Auction
Philatelie und Postgeschichte mit Schwerpunkt auf Frankreich und französische Kolonien
10. - 11. Juli 2019
Spink 19029 - The Philatelic Collectors' Series Sale
Malta, Rhodesien, Ceylon-Essays und -Proben, Cyprus Queen Victoria Key Plate Issues sowie ein starker britischen Teil
15. Juli 2019
Spink 19055 - Stamps of the British Commonwealth e-Auction
Briefmarken und Ländersammlungen aus dem gesamten britischen Commonwealth
Nachverkauf
9. Juli 2019
Spink 19022 - Historical Documents, Postal History and Autographs
Eine Sammlung von historischen Dokumenten, seltenen Fotos und Karten.
Ergebnisse
9. Juli 2019
Spink 19022 - Historical Documents, Postal History and Autographs
Eine Sammlung von historischen Dokumenten, seltenen Fotos und Karten.
26. April 2019
Spink 19028 - The 'Bacchus' Collection of Great Britain
24. April 2019
Spink 19013 - The Arthur Gray Collection of Australia Queen Elizabeth II Decimal Issues
24. Januar 2019
Spink 19012 - The 'Pegasus' Collection of Important Classic New Zealand
Die Pegasus-Sammlung mit klassischen Neuseeland-Ausgaben
24. Januar 2019
Spink 19011 - The 'Lionheart' Collection of Great Britain & British Empire - IX
Großbritannien, British Empire, Ceylon, Neufundland, Neuguinea, Nyasaland, Einzelstücke, Sets und Sammlungen
22. - 23. Januar 2019
Spink 19010 - The Philatelic Collectors' Series Sale
Über 1800 Lots mit Flugpost, Antigua, Barbados Britannia-Ausgaben, Bechuanaland, Kaimaninseln, Ceylon, Holyland, Irak mit ...
23. November 2018
Spink 18053 - The Leonard Licht Collection of Great Britain Seahorse Issues
Die Leonard Licht Sammlung von Seahorse-Ausgaben
24. Oktober 2018
Spink 18045 - Indien/Sansibar - Die John Griffith-Jones Sammlung
Die "On India" provisorischen Briefmarken von Sansibar, die John Griffith-Jones Sammlung.
24. - 25. Oktober 2018
Spink 18043 - The Philatelic Collectors' Series Sale
Über 1400 Lose Marken und Postgeschichte mit einer schönen Sammlung von Barbados, Basotoland mit der preisgekrönten Sammlung ...
12. Juli 2018
Spink 18038 - Autogramme, Historische Dokumente & Postgeschichte
Autogramme, Historische Dokumente & Postgeschichte
12. Juli 2018
Spink 18010 - British North America, The David Pitts Collection
British Nordamerika mit Kanada, New Brunswick, Neufundland, Nova Scotia, Prince Edward Island.
11. - 12. Juli 2018
Spink 18037 - The Philatelic Collectors' Series Sale
Eine weiterer große Auktion mit 1200 Losen in unserer Collectors 'Series mit West Indies Postgeschichte; Kap der Guten Hoffnung, ...
10. Juli 2018
Spink 18035 - Great Britain
Großbritannien, schönen gedruckten Ausgaben, Königin Elizabeth II Fehler und Sorten, das Eigentum eines Gentleman
8. - 9. Mai 2018
Spink 18034 - Die Dr Paul Ramsay Sammlung von gemalten Umschlägen
Handgemalte Umschläge und Aquarellumschläge vieler sehr talentierter Künstler.
19. April 2018
Spink 18030 - Brunei Sammlung von Bill Toye
Die Bill Toye Brunei Sammlung
Spink 18018 - Shlomo Tepper Collection of Palestine
Die Shlomo Tepper Sammlung von Palästina
Spink 18015 - World and British Banknotes
Weltweite und Britische Banknoten
7. März 2018
Spink 18028 - Lionheart Part VIII
Die "Lionheart" Sammlung von Großbritannien und British Empire - Teil VIII
7. März 2018
Spink 18027 - The Arthur Gray Collection of Australian Pre-Decimal Booklets
Eine bemerkenswerte und preisgekrönte Sammlung der australischen Staaten mit zahlreichen einzigartigen und äußerst seltenen ...
7. März 2018
Spink 18023 - Australia, The Kangaroo Issues
Australia, The Kangaroo Issues mit über 200 Losen
6. März 2018
Spink 18024 - Rhodesia 1910-13 Double Head Issue
24. - 25 . Januar 2018
Spink 18009 - The Philatelic Collector’s Series Sale
Die Auktion Spinks Philatelic Collectors series bietet über 1.100 Lose mit einer breiten Auswahl von Einzelstü ...
23 . Januar 2018
Spink 18013 - The Brian Brookes Collection of St. Kitts-Nevis
Diese herausragende Sammlung, die über 40 Jahre lang geformt wurde, ist vielfältiger nicht möglich. Die ...
15. November 2017
Spink 17046 - The Caerynn Collection & Great Britain
Die Caerynn-Sammlung von 1935 Silber Jubiläums Marken, Großbritannien und das britische Empire, Auflagen und Probedrucken, ...
25.-26. Oktober 2017
Spink 17026 - The Philatelic Collector's Series
Über 1.500 Lose, Probedrucke, Farbproben, Abarten, Britisch-Ost-Afrika, Japan, Russland, Indien, Kaimaninseln, Großbritannien
24. Oktober 2017
Spink 17025 - Bermuda, Crossroads of the Atlantic
Postgeschichte 1617 bis 1877 - Feldpost, Postsachen, Schiffspost, Paket Begleitscheine, etc.
24. Oktober 2017
Spink 17045 - Revenue Stamps of the World
Großbritannien, Bechuanaland, Ceylon, Südafrika, Mauritius, Die Oryx-Sammlung von Südwestafrika
19. September 2017
Spink 17037 - The Arthur Gray Collection of Australia King George VI issues
Die Arthur Gray Sammlung von Australien King George VI Marken.
19. September 2017
Spink 17024 - The David Pitts Collection
Die David Pitts Sammlung mit Schwerpunkt Windward Inseln, Cayman Inseln, Jamaika und den Falklandinseln.
18. September 2017
Spink 17038 - Newfoundland, The Professor Albert Hamilton Collection
Die Albert Hamilton Neufundland-Sammlung. Diese Auktion enthält viele interessante Stücke aus diesem außergewöhnlich ...
25. Juli 2017
Spink 17041 - Great Britain Stamps and Postal History
Britische Marken und Postgeschichte mit der Sammlung Charles Hamilton.
12. Juli 2017
Spink 17022 - The Philatelic Collector's Series
Einschreibebriefe Victoria 1847-76 und schöne Sektionen Belgien, Kap der guten Hoffnung und West-Griqualand.
11. Juli 2017
Spink 17021 - Die David Pitts Collection
Großbritannien mit Postämter in Mittel- und Südamerika, Europa, Mittlerer Osten, Asien und Australasien - Die David Pitts ...
11. Juli 2017
Spink 17020 - Autogramme, Historische Dokumente und Postgeschichte
Autogramme, Historische Dokumente, Erinnerungsstücke und Postgeschichte
22. Juni 2017
Spink - Lionheart Collection of Great Britain and British Empire - Part VII
Der siebte Teil der "Lionheart" Sammlung von Großbritannien und Britisches Reich.
20. April 2017
Spink 17033 - The Arthur Gray Collection
Australische Philatelie: reizvolle Probedrucke, Briefmarken Ausgaben, extrem seltene Fehldrucke, Queen Elizabeth II.
20. April 2017
Spink 17014 - Bermuda Part 1, The David Pitts Collection
Sammlung des britischen Reiches von David Pitts, Bermuda Zeitraum von 1796 bis 1965.
19. April 2017
Spink 17015 - The Foxley Collection of Barbados
Barbados: frühe Briefe und Handstempel, Britannia-Proben nachgedruckt, 1882-86 Hauptplatte und faszinierende handgemalte Entwürfe ...
19. & 21. April 2017
Spink 17015 - The Philatelic Collectors Series
Groß Britanien, Süd und Süd-West Afrika, Telegrafenmarken, Derek Diamond Sammlung,  Kaimaninseln. ...
25.-27. Januar 2017
Spink 17010 - The Philatelic Collectors Series Sale
The Collectors series catalogue features over 1,770 lots and will be offered over three days. Notable sections from this sale include ...
24. Januar 2017
Spink 17012 - The David Pitts Collection
Britische Karibik, Briefmarken und Postgeschichte. Frühe Briefe und Handstempel, Britische Marken verwendet auf den Inseln, besonders ...
24. Januar 2017
Spink 17010 - The Robert Van Buren Emmons Sale
Klassische Raritäten von Kap der guten Hoffnung, Ceylon und St. Vincent.
14.-15. Dezember 2016
Spink 16025 - The Graham Copper Collection
Auflösung Spezialsammlung Britisch Commonwealth König Georg VI.
13. Dezember 2016
Spink 16036 - The John Sacher Collection
West Africa Pre-U.P.U. Postal History from the John Sacher Collection. Appropriately the sale of his collection abounds with philatelic ...
26.-28. Oktober 2016
Spink 16034 - The Philatelic Collector’s Series
Internationales Auktionsangebot mit Schwerpunkt Großbritannien Neuseeland und Commopnwealth.
25. Oktober 2016
Spink 16033 - British Africa – The David Pitts Collection
Die David Pitts Sammlung British Empire gestempelt und auf Brief. Britischen Kolonien in Afrika mit Schwerpunkt Rhodesien.
26.-27. Juli 2016
Spink No 16030 - The Philatelic Collectors Series
Briefmarken und Postgeschichte weltweit mit Schwerpunkt G.B. und Commonwealth.
27.-28. Januar 2016
Spink Auktion - No 16010
Schwerpunkt Großbritannien und Commonwealth, Marken und Postgeschichte.
11-13. Juli 2006
Spink Auktion - No 6016
Stamps & Covers of the World/The D J Norris Collection of Ceylon